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Desert Mountain Energy Corp V.DME

Alternate Symbol(s):  DMEHF | V.DME.WT

Desert Mountain Energy Corp. is a Canada-based resource company primarily focused on the exploration, development and production of helium, hydrogen, natural gas and condensate. The Company is focused on helium extraction from different raw gas sources in an environmental and economical manner by supplying elements deemed critical to the renewable energy and high technology industries. Its Holbrook Basin Helium Project comprises more than 1000,000 acres of key helium prospects under lease. Its West Pecos Slope Abo Gas Field and gas gathering system is located in Chaves County, New Mexico. The West Pecos Gas Field encompasses a vast infrastructure, including 188 wells, over 50 miles of gas collection lines, and 77,000 acres of oil and gas leases. Its secondary focus is developing hydrogen assets located within their helium fields.


TSXV:DME - Post by User

Comment by Fredo51545on Apr 05, 2023 12:08pm
162 Views
Post# 35381219

RE:Nice Update

RE:Nice UpdateMy models are completely out of date. No sense redoing until we know sustained flow rates. I had been assuming second half of year at 6 mm cf/d but with very low confidence level. 
At that level and 3% He content and a $2/cf sale price(also very low confidence level) and a 20% royalty works out to $100 million of net revenue annualized or $1/share. We shall see if these numbers bear any resemblence to reality.


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